RELATED LINKS HEADER This Week In Forest Carbon: Forest Trends Talk REDD+ Projects TEASER The Surui Tribe, Forest Trends, the State of Acre and others recently discussed indigenous-led REDD+ projects in Washington, D.C. The Philippines also held events to support its new national REDD+ strategy while Ghana is finalizing its REDD+ investment plan and Burkina Faso is preparing for a forest preserve project. In an attempt to manage carbon price risks, the New Zealand Carbon Farming recently created a carbon sink out of the Kiernan Forest. At the same time, Brazil implemented its first government-backed carbon trading scheme.

This article originally appeared in the Forest Carbon Newsletter. Click here to view the original.

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May 15| Ecosystem Marketplace has formally closed its collection of data for the State of the Forest Carbon Markets 2012 report. We are grateful to those projects that provided us with complete responses - every respondent is featured at least once on the Forest Carbon Portal homepage now through the end of May.

If you did not respond to the survey during the open call for information and would still like to contribute (and be recognized), please contact Molly Peters-Stanley in our Carbon Program to find out how.

The Surui Tribe, Forest Trends, the State of Acre, and other partners invite you to a unique opportunity to discuss the complex array of ingredients for successful indigenous-led REDD+ projects. An agenda for the discussions with speaker profiles is available here. 

The Paiter Surui tribe, under the leadership of Chief Almir Surui, with technical support from Forest Trends and other partners, has been working for over 5 years to protect their territory in the Amazon Basin from illegal logging and mining threats. This initiative has recently become the first-ever indigenous-led REDD project to be validated by the Verified Carbon Standard (VCS) and the Climate, Community, and Biodiversity Project Design Gold Standard (CCB Standard).

We hope you can join us in reflecting on this important development at 4pm today at the Aspen Institute, Washington, DC! RSVP here

Brazil's first government-backed carbon trading scheme, Bolsa Verde do Rio de Janeiro (BVRio), opened preregistrations recently for a new forest carbon credit market for farmers to use in compliance with the Forest Code. President Dilma Rousseff has until May 25 to exercise her veto on the latest Forest Code reforms, just a month before Rio+20. Further north, Mexico has just become the first country to pass domestic legislation in favor of REDD+.

Over in Oceania, New Zealand Carbon Farming has just converted the Kiernan Creek forest into a carbon sink, with a forward-looking approach to managing carbon price risk. Melbourne's CO2 Group has new funding lined up for carbon sink projects in Western Australia and New South Wales, while Greenfleet recently registered the first carbon sequestration rights under Victoria's Climate Change Act 2011.

In REDD+ readiness efforts, the African Development Bank is helping Ghana finalize its REDD+ investment plan, preparing for a forest reserve project in Burkina Faso and another in the DRC to conserve the Mbuji Mayi/Kananga and Kisangani areas. Tasmania is looking to complement REDD+ with some honey while continuing to gather data on rainforest carbon storage. The Philippines recently held events to spur discussion around pilot REDD+ efforts and support its new national REDD+ strategy. Sri Lanka is short on data despite funding commitments, while Bhutan is still in discussion about what REDD+ could mean for the country.

These and other stories from the forest carbon marketplace are summarized below, so keep reading! And if you value what you read in this news brief, consider supporting Ecosystem Marketplace’s Carbon Program as a Supporting Subscriber. Readers’ contributions help us keep the lights on and continue to deliver forest carbon market news and insights to your inbox biweekly and free of charge.

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—The Ecosystem Marketplace Team